The Fast Forward MBA in Project Management Book Summary - The Fast Forward MBA in Project Management Book explained in key points

The Fast Forward MBA in Project Management summary

Eric Verzuh

Brief summary

The Fast Forward MBA in Project Management by Eric Verzuh is a comprehensive guide that provides practical techniques and strategies for successfully managing projects. It covers everything from project planning and risk management to team dynamics and leadership.

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Table of Contents

    The Fast Forward MBA in Project Management
    Summary of key ideas

    Understanding the Fundamentals of Project Management

    In The Fast Forward MBA in Project Management by Eric Verzuh, we are introduced to the fundamental concepts of project management. The book begins by explaining the role of a project manager and the importance of project management in today's business environment. It emphasizes the need for a structured approach to managing projects, highlighting the key components of project management such as scope, time, cost, quality, risk, resources, and communication.

    Verzuh then delves into the project life cycle, explaining the different phases a project goes through, from initiation to closure. He emphasizes the importance of planning and the role of a project manager in creating a comprehensive project plan that outlines the project's objectives, scope, schedule, budget, and resources.

    Developing Effective Project Plans

    The book then focuses on the planning phase, detailing the process of creating a project plan. Verzuh explains the importance of defining project scope, identifying project stakeholders, and creating a work breakdown structure (WBS) to break down the project into manageable tasks. He also discusses the critical path method (CPM) and the use of Gantt charts for scheduling and resource allocation.

    Verzuh emphasizes the need for risk management in project planning, highlighting the importance of identifying, analyzing, and responding to potential risks. He introduces the concept of a risk register and explains how to develop risk response strategies to mitigate potential threats to the project's success.

    Executing and Controlling Projects

    After the planning phase, The Fast Forward MBA in Project Management moves on to the execution and control phase. Verzuh discusses the role of a project manager in leading the project team, managing project resources, and ensuring that the project stays on track. He emphasizes the importance of effective communication, stakeholder management, and issue resolution during project execution.

    Verzuh then explores project monitoring and control, explaining the need for regular performance measurement, progress tracking, and variance analysis. He introduces the concept of earned value management (EVM) as a tool for measuring project performance and forecasting project outcomes.

    Closing Projects and Continuous Improvement

    In the closing phase, Verzuh discusses the importance of formal project closure, including obtaining formal acceptance of project deliverables, documenting lessons learned, and transitioning the project's results to the appropriate stakeholders. He emphasizes the need for celebrating project success and recognizing the contributions of the project team.

    Finally, The Fast Forward MBA in Project Management concludes with a discussion on continuous improvement in project management. Verzuh highlights the importance of learning from past projects, embracing change, and adapting to new project management methodologies and tools.

    In summary, The Fast Forward MBA in Project Management provides a comprehensive overview of project management, covering the entire project life cycle from initiation to closure. It offers practical insights, tools, and techniques that can help both new and experienced project managers effectively plan, execute, and control their projects.

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    What is The Fast Forward MBA in Project Management about?

    The Fast Forward MBA in Project Management by Eric Verzuh is a comprehensive guide that provides practical insights and strategies for successful project management. It covers key concepts, tools, and techniques essential for effective project planning, execution, and control. Whether you're a seasoned project manager or new to the field, this book offers valuable knowledge to help you deliver projects on time and within budget.

    The Fast Forward MBA in Project Management Review

    The Fast Forward MBA in Project Management (2019) is a comprehensive guide for anyone looking to excel in project management. Here's why this book is worth reading:

    • It offers practical strategies and techniques that can be implemented immediately, helping readers improve their project management skills.
    • With a focus on real-world scenarios and case studies, it provides valuable insights that can be applied to different industries and projects.
    • The book's clear and concise explanations make complex project management concepts easy to understand and apply, ensuring readers stay engaged throughout.

    Who should read The Fast Forward MBA in Project Management?

    • Professionals seeking to enhance their project management skills
    • Business students or graduates looking to learn practical project management techniques
    • Experienced project managers who want to stay up-to-date with the latest industry best practices

    About the Author

    Eric Verzuh is a renowned author and expert in project management. With over 30 years of experience, he has worked with a wide range of organizations, helping them improve their project management practices. Verzuh's book, The Fast Forward MBA in Project Management, is a go-to resource for both aspiring and seasoned project managers. His practical approach and valuable insights have made him a trusted authority in the field.

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    The Fast Forward MBA in Project Management FAQs 

    What is the main message of The Fast Forward MBA in Project Management?

    The main message of The Fast Forward MBA in Project Management is to provide a comprehensive guide to successfully managing projects.

    How long does it take to read The Fast Forward MBA in Project Management?

    The estimated reading time for The Fast Forward MBA in Project Management is several hours. The Blinkist summary can be read in just 15 minutes.

    Is The Fast Forward MBA in Project Management a good book? Is it worth reading?

    The Fast Forward MBA in Project Management is worth reading for its practical insights and useful tips on project management.

    Who is the author of The Fast Forward MBA in Project Management?

    The author of The Fast Forward MBA in Project Management is Eric Verzuh.

    What to read after The Fast Forward MBA in Project Management?

    If you're wondering what to read next after The Fast Forward MBA in Project Management, here are some recommendations we suggest:
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